Blockchain-Based Platform Created by Saudi Students Places Third in National Women’s Coding Competition

A blockchain-based tender bidding platform that was designed by female university students has been named the third-best entry in a Saudi Arabian women’s coding competition. The competition is said to be part of Princess Nourah bint Abdulrahman University’s broader goal of supporting and empowering women in Saudi Arabia’s technology sector. Empowering Women in Saudi Arabia’s … Read more

BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin

This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin, and “most Canadians are aware of bitcoin.” Bank of Canada’s Financial System Review Highlights … Read more

Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments

Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit … Read more

XDC Accelerates Network Expansion With LDA’s $50 Million Investment

XinFin (XDC) Network, known for secure, scalable, and highly efficient blockchain use cases, have received an investment worth $50 million from the global alternative investment group,  LDA Capital Limited. The investment originated by leveraging a portion of the token from the XDC founder’s allocation. Ritesh Kakkad and Atul Khekade, the co-founders of XDC Network, are … Read more

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year

Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have … Read more